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of those who've already died. >> pelley: fascinating, jim, thank you very much. in washington today, the republicans responded to the white house budget plan with a proposal of their own. it would raise the eligibility age for medicare and people on social security would get smaller cost of living increases. unless there's a compromise by the end of this month, taxes will go up automatically for nearly every american. there is a lot at stake. so we asked wyatt andrews to make sense of how these budget plans compare. wyatt? >> reporter: scott, this republican counterproposal today is long on reducing the deficit and saving big on medicare, but it leaves the two sides still hundreds of billions of dollars apart and they are not close on the basic approach to solve the fiscal cliff. in a letter to the president, house republicans called their offer a fair middle ground. it's a ten-year framework that cuts the deficit by $2.2 trillion. it includes $600 billion in health care cuts-- mostly medicare and medicaid-- $300 billion in other mandatory spending and $300 billion in cuts to all ot
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